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All Forum Posts by: Mark H.

Mark H. has started 3 posts and replied 476 times.

Post: Encroachment on public property

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181

I wouldnt be too worried about "flagging" a property with the city. As long as it isnt a major metro, the city can often be quite helpful.

I had a similar situation in my old home state, there was a plat map showing a road in front of the property, and an alley behind it, neither of which had ever been built.

Long story short, i paid to have the road extended & the city gave each property owner back 1/2 of the alley that had never been built.

The process was actually pretty simple.. get it on the city council's agenda, letters to the other property owners, and a rubber-stamp from the city.

You'll have to check your states laws, but adverse possesion doesnt usually work on government land.

Post: Can you buy/sell Detroit real estate on your computer like stocks and bonds?

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181
Originally posted by Ben Bakhshi:
Do you guys have any changes to your opinions a year later? I am now looking at detroit, and it looks like inventory is evaporating. 40% decline in inventory over the last 6 months. Buying a home for $500 with clean and insured title, who *also* has it's walls standing, seems like a great buy. I could buy with a credit card or line of credit, would cost about $100 bucks a year in interest. Put about $1000 towards taxes.

Was thinking that rent to own programs could work there and encourage decent tenants/buyers. If you are all in at $3000, you can find someone to pay you $400 for 36 months to own the home. They'll need to do all the work, sweaquity.

Either that, or find a local agent and try to sell it to the market in a less distressed sale.

Won't work.. the city requires inspections whenever theyre sold. Renting a damaged house will get the owner (you) fined. Taxes can be $1500 /yr for those $500 homes. Title insurance & closing costs are the same for a $500 house or a $50k house, so no way youre getting anything but quit-claims or tax deeds for $500.

Post: Hedge Fund Humor: how to donate money and kill your returns at the same time

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181

Lol.. wasn't there a thread here a couple of months ago fortelling the end of the small investor ? These guys were going to roll into town with their magic "systems" and secret "processes" and kick everyone into next week?

Post: Phoenix - recs for water main replacement?

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181

Looks like I've got a leaking main at one of my rentals - any recs for trustworthy plumbers in Phx?

Post: selling a rehab, use a "buy this house" banner BEFORE its ready for market?

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181

I wouldnt argue with him if it works in that area, but id never do it here. We have organized groups that steal appliances & construction materials here, and in the rehabs ive done, all the valuable stuff arrives in the last two weeks. I try to keep an extremely low profile until the property is on the market. I put my rentals on mls but hide the lockbox on the side of the house, and no sign.

Post: Sandy Hook

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181
Originally posted by J Scott:
Originally posted by Mark H.:

I give you a cold,hard statistic that you dont like, and you change the subject to nuclear weapons and call me "illogical"... cute.

I didn't change the subject...I made an analogy to help point out your logical fallacy.

Let me recap:

You made the comment that rifles are woefully inadequate as a weapon because they only account for 6% of homocides.

That statement is illogical. The efficacy of a weapon is not correlated to the percentage of people who die from that weapon. To reinforce that point, I noted that nuclear weapons are much more effective than rifles, yet they account for a smaller percentage of homicides.

Now, if you'd like to argue that rifles don't account for a high percentage of homicides because you believe 6% is a low number, that would at least be a logical statement. Then it's just a debate about whether 6% is a lot or a little.

Lastly, I have no issue with rifles (or guns in general). I have an issue with the lack of regulation around them. You shouldn't have to endure a more rigorous test to drive a car than to own a gun. And it's not quite clear to me why anyone who is an avid gun enthusiast wouldn't want everyone who owns a gun to be well trained.

Again with changing the subject, and going off on a tangent.

The topic title is "Sandy Hook".

In case you forgot, a *felon* killed his own mother, stole her guns and used them to commit multiple murders at a school.

If we're talking about legislation that would make that impossible or at least less-likely, a ban on rifles misses the mark badly.

This is an investment forum, so I'll spell it out in those terms..

If you give me one *million* dollars today, there's a 6% chance that I'll pay you two million dollars in a few years..

Got your checkbook out yet?

Didn't think so.

Post: Sandy Hook

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181
Originally posted by J Scott:
Originally posted by Mark H.:

Lol.. if the "primary purpose" of rifles is "killing people", they are a woefully inadequate tool - as evidenced by the fact that they are only responsible for 6% of all homicides.

Mark H. -

With all due respect, that is a horribly illogical statement.

Nuclear weapons were used in 0% of killings last year...does that mean they are an even more "woefully inadequate tool" at killing than rifles? Based on your logic above, they are.

I guess we should legalize nuclear weapons for private citizens because they are so inadequate at killing people (0% of people were killed with them last year!!!). :)

I give you a cold,hard statistic that you dont like, and you change the subject to nuclear weapons and call me "illogical"... cute.

Post: Sandy Hook

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181
Originally posted by J Scott:
Originally posted by Mark H.:
but i havent heard any arguments for banning rocks and baseball bats.

I don't see any logical fallacy in that...

If the primary purpose of rocks and baseball bats were to kill, I'm pretty sure there would be a lot of people in favor of banning them. But, they have other -- more basic -- purposes than killing, so most people accept the fact that they can be used to kill as just an unfortunately circumstance.

Those things that are primarily used for killing -- guns, poisons, missiles, some types of explosives, some types of radioactive materials, etc. -- generally have large groups of people who argue for their banning/control. And, other than guns, all those other things ARE banned and/or tightly controlled.

Lol.. if the "primary purpose" of rifles is "killing people", they are a woefully inadequate tool - as evidenced by the fact that they are only responsible for 6% of all homicides.

That means that if you got every rifle ever made handed back to the government tomorrow, 94% of homicides would be still occur, and only 6% of killers would have to change weapons.

I get that you have an irrational fear of weapons - you need to understand that its too late to put the horse in the barn. Since the previous weapons ban expired, many of your neighbors have been stockpiling guns and ammo because of viewpoints like yours. Otherwise sane individuals bought more magazines, bullets & guns than they could ever possibly use in fear of a ban. Seriously, check the sports section of your local wal-mart. I can tell you from the other side of the country that they dont have any .22, .40, .45 or 9mm ammo in stock. Lots of your neighbors have mini arsenals in their homes, and if they get burglarized in the next 20 years, those guns and ammo could be pointed at you.

Banning guns isnt going to work unless you take them all, and banning guns after *talking about* banning guns for twenty years is really ignorant. The semi-deranged gun-nuts that scare you already had time to get all the toys you fear.

In many ways, the gun-grabbers are creating their own worst nightmare by talking about banning guns. Do you realize that those thirty-round magazines are selling for about $30 right now? Thats with a ban on them considered almost iminent. The only reason theyre selling that cheap is because there are *millions* of them in circulation. The street price will probably drop after a ban. That should scare you.

Post: Sandy Hook

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181

Its amazing to me that those in favor of an "assault weapons" ban have been able (so far) to argue the point so effectively without any facts behind them. According to the fbi, only 6% of homicides involve a rifle. Twice as many homocides are committed using a "blunt object".. but i havent heard any arguments for banning rocks and baseball bats.

I just wish we could elect a government that understood the *whole* constitution - as it is, one party wants to stick its nose in your bedroom, and the other party wantsyour guns.

It isnt "buyer's remorse".. Romney was a gun-grabber in his home state, so I'm certain he would be doing the same (worthless) things..

Post: Converting two handle shower to single handle

Mark H.Posted
  • SFR Investor
  • Phoenix, AZ
  • Posts 484
  • Votes 181
Originally posted by K. Marie Poe:
Is it possible to go from double handle to single handle without behind the wall access? Are there are converter kits where the the trim on the single handle covers the old holes, or does it always require shower wall repair?

They make an oversized plate (and its a stock item at the depot) that covers the holes & allows you to replace with a single-handle valve.

My plumber has replaced single-handle valves without damaging the walls..

Theres almost always a way to do it without replacing the walls..